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k & s corp ltd (KSC) Details

K&S Corporation Limited provides transportation and logistics, contract management, warehousing and distribution, and fuel distribution services primarily in Australia and New Zealand. The company conducts its operations through Australian Transport, Fuels, and New Zealand Transport segments. It offers road, rail, and coastal sea forwarding for full load and break bulk loads, including export packing, wharf lodgement, and the delivery of integrated supply chain and systems solutions primarily to timber, paper, dairy, agriculture, and general transportation industries; support services to offshore exploration and drilling projects; dry and liquid bulk transportation services to mining, sugar, cement, and fertilizer industries; and fuel distribution services to retail and service stations, primary producers, fishing industry, and transport operators. The company also manages distribution services, as well as provides equipment and personnel. In addition, it offers facility management services to various companies; distribution chain management services for various importers; and general, full load, and part load freight services, as well as project services. The company was founded in 1945 and is headquartered in Truganina, Australia. K&S Corporation Limited is subsidiary of AA Scott Pty Ltd.

k & s corp ltd (KSC) Key Developments

K & S Corporation Limited declared a fully franked interim dividend of 3.5 cents per share compared to 3.0 cents per share in 2013. The interim dividend will be paid on 3 April 2015, with the date for determining entitlements being 20 March 2015.

K&S Corporation Limited Reports Earnings Results for the First Half Ended December 31, 2014; Provides Earnings Guidance for the Second Half of Fiscal 2015

Feb 24 15

K&S Corporation Limited reported earnings results for the first half ended December 31, 2014. The company reported a net profit after tax of $6.5 million for the half year ended 31 December 2014. The result was 16.1% higher than previous corresponding period's performance. The underlying profit after tax, excluding one off costs, is $8.2 million. This result is 30.2% higher than the previous corresponding period's performance. Operating revenue for the period increased to $360.0 million, up 39% on the prior corresponding period. Profit before tax was $9.1 million compared to the previous corresponding period of $8.1 million, an increase of 12.3 %. The pre tax result was impacted in the first half by re-organisational costs of $0.5 million and fraud related costs of $1.9 million.
The company is providing earnings guidance for the second half remains difficult. However the company is confident that the business is positioned well for the future.

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